On the last day, the Accord Transformer IPO was subscribed 357.37 times overall, with the retail quota at 367.59 times, the QIB quota at 153.01 times, and the NII quota at 606.02 times, respectively.
Accord Transformer IPO Listing Details
| Listing Date | 2nd March, 2026 |
| BSE Code | 544710 |
| NSE Code | – |
| ISIN Code | INE132201018 |
| Offer Price | ā¹43 to ā¹46 |
| Face Value | ā¹10 |
| Listing Price | ā¹50Ā |
Details About Accord Transformer IPO
Accord Transformer received approval from SEBI for an IPO of ā¹26 crores, comprising a fresh issue of ā¹25.59 crores with a face value of ā¹10 each.
Moreover, the company has set up a price band between ā¹43 to ā¹46 per share.
In this IPO, a total of 6,000 shares were available in 2 lot sizes for the minimum Retail category and for the maximum retail category.
In S-HNI (Min), a total of 9,000 shares is in a 3-lot size.
S-HNI: Maximum total shares 21000 in 7 lot sizes.
B-HNI minimum total shares 24,000 in 8 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum & Maximum investment of ā¹2,76,000.
- Small HNI (Min): Minimum investment of ā¹4,14,000.
- S-HNI Maximum: Investment of ā¹9,66,000.
- B-HNI (Min): Minimum investment of ā¹11,04,000.
Subscription duration of the Accord Transformer IPO
The Accord Transformer IPO opened on February 23, 2026, and closed on February 25, 2026.
The allotment of Accord Transformer was finalized on February 26, 2026, and the IPO listing is scheduled for March 2, 2026.
About the Accord Transformer IPO
Set up in 2014, Accord Transformer & Switchgear is one of the prominent companies that designs electrical power and distribution equipment. The firm is involved in designing, engineering, manufacturing, and supplying transformers, control panels & switchgears. With over 10 years of experience, the firm is serving customers with standard and customised equipment.
Its products mainly cater to various sectors like power transmission and distribution, renewable energy, industrial applications, infrastructure projects, and electric vehicle (EV) charging networks.
